What is project management?

• A.A logical grouping of project management inputs, outputs, tools, and techniques
• B.Applying knowledge, skills, tools, and techniques to project activities to meet the project requirements
• C.Launching a process that can result in the authorization of a new project
• D.A formal, approved document that defines how the project is executed, monitored, and controlled

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A project manager needs to deliver the project 2 weeks before the planned date without changing the scope. Which of the following techniques may be applied to reevaluate the schedule?

• A.What-if scenario analysis
• B.Critical chain method
• C.Schedule crashing
• D.Resource leveling

Correct Answer: C

Explanation/Reference:
Explanation:
6.6.2.7 Schedule Compression
Schedule compression techniques are used to shorten the schedule duration without reducing the project scope, in order to meet schedule constraints, imposed dates, or other schedule objectives. Schedule compression techniques include, but are not limited to:
Crashing. A technique used to shorten the schedule duration for the least incremental cost by adding

resources. Examples of crashing include approving overtime, bringing in additional resources, or paying to expedite delivery to activities on the critical path. Crashing works only for activities on the critical path where additional resources will shorten the activity's duration. Crashing does not always produce a viable alternative and may result in increased risk and/or cost.
Fast tracking. A schedule compression technique in which activities or phases normally done in

sequence are performed in parallel for at least a portion of their duration. An example is constructing the foundation for a building before completing all of the architectural drawings. Fast tracking may result in rework and increased risk. Fast tracking only works if activities can be overlapped to shorten the project duration.

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Which tool should a project manager consider to deal with multiple sources of risk?

• A.An updated risk register
• B.Issue log
• C.Stakeholder register
• D.Risk breakdown structure

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Which of the following involves making information available to project stakeholders in a timely manner?

• A.Plan Communications
• B.Performance reporting
• C.Project status reports
• D.Distribute Information

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What organizational process asset (OPA) might impact a project's outcome?

• A.Processes, polices, and procedures
• B.Legal restrictions
• C.Infrastructure, resource availability, and employee capability
• D.Financial considerations

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